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after adjusting the amounts accountant of the company prepares which accounts??
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
what is main rule of accounting?
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
0 Answers State Bank Of India SBI,
What is the treatment you give for the prepaid insurance created in the year end in the month of April
what are the three basic acounting principles.what is account reconcilliation.what is portfolio management
Distinguish capital and Revenue receipts
deferred revenue expenditure
What are the Types of invoices batching? & what is 3 way batch?
Expand ________BLIS
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
0 Answers Dixit Infotech, KSS,
what is mean by credit purchase?
Audit 
